Friday, January 30, 2009

FKLI Daily: disappointed bull rebound


Market failed to hold ground after a sharp rebound. As for now, we look for the upside resistance at 890 followed by 902.5-907 (gap left over since 14/1/2009). Downside support is pegged at 872.5-870.5 (gap left over on 28/1/2009) followed by 865-860.